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According to Techub News, Hong Kong's Secretary for Financial Services and the Treasury, Hui Zhengyu, was asked in a media interview about the possibility of stablecoins being pegged to the Renminbi. He pointed out that from the perspective of Hong Kong regulations, this possibility cannot be ruled out. Legally, it is permissible to use different fiat currencies as the underlying benchmarks for stablecoins, but pegging to the Renminbi must take into account the country's Exchange Rate and monetary policy, requiring a comprehensive assessment of the associated risks and benefits.